DSCR up to 8 units in Bowie, TX

DSCR loan in Bowie, TX is based on the property's cash flow without the borrower's income verification.

DSCR stands for “long-term debt service coverage ratio.” These loans are for real estate investors who wish to grow their property portfolio in Bowie, TX, and many other cities throughout Texas and the US.

Basic DSCR Loan Terms in Bowie, TX

  • Property types: residential 1-8 units
  • Loan amounts from $75,000
  • 80% LTV purchase/75% Cashout
  • 30-year fixed or 5/7/10 ARM (I/O)
  • Rates from 6.5%
  • Minimum FICO 660
  • No income verification
  • Low fees and costs

Buy-and-hold investors in Bowie, TX can be assured that by working with Horizon Lending Services, we will always provide the best opportunities at the best possible rates.

If you are looking at a single-family home, condo, townhome, or multiplex, our Bowie, TX real estate investors have you covered.

Investment Opportunities in Bowie, TX

Benefits of a DSCR Loan in Bowie, Texas

A Debt-Service Coverage Ratio (DSCR) loan can be a smart choice for individuals in Bowie, Texas, looking to invest in real estate. This type of loan helps borrowers secure financing by focusing on property income rather than personal credit score, making it easier to qualify for funding.

Demographically, Bowie, Texas, has a population of approximately 5,500 residents. The town offers a mix of small-town charm and a growing economy, making it an attractive location for real estate investments. The median household income in Bowie is $41,000, with a median property value of $90,000.

When it comes to the housing market, Bowie presents a promising landscape for investors. The real estate market is stable, with a steady increase in property values over the past few years. With the help of a DSCR loan, investors can take advantage of the growing market to build a profitable real estate portfolio.

Some of the main attractions in Bowie, Texas, include the Bowie Knife Museum, showcasing the town's rich history, and Lake Amon G. Carter, offering recreational activities such as fishing and boating. These attractions, coupled with the town's affordability and economic prospects, make Bowie an excellent choice for real estate investments.

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